Piecemeal upgrades to Brazilian air force inventory are threatening to overshadow the Latin American country's most important -- and most delayed -- plan to discard aging war jets and replace them with a brand-new inventory.
Nicolas Maduro was sworn in as Venezuela's interim president Friday in Caracas, three days after his predecessor, Hugo Chavez, died of cancer.
Italian aviation manufacturer Finmeccanica's troubles in India over an alleged bribery scandal are poorly timed amid ambitious plans for expansion in Latin America.
An all-Brazilian heavy oil operation is under way with every stage of the extraction, output, storage and supply reported to have been conducted with local expertise.
Former Brazilian President Luiz Inacio Lula da Silva faces investigation in a swirling corruption controversy that seems to be catching up with him after two years.
Latin American leaders and the media want re-elected U.S. President Barack Obama to engage more constructively with the continent on both political and economic fronts.
UPI Almanac for Wednesday, Oct. 31, 2012.
UPI Almanac for Saturday, Oct. 27, 2012.
President Federico Franco said Paraguay's restoration to Mercosur was only a matter of time because countries that engineered the suspension need it back.
Brazil is hoping to secure a better deal on its planned multibillion dollar revamp of the air force combat inventory with the possible purchase of up to 36 new jet fighters.